Friday, 11 January 2013

IGB REIT - abit rich for my taste

Summary: IGB REIT, PB 1.37 PE 25, Yield 4%.

Gardens is one of my favourite KL mall, IGB REIT is up there on the top active counter today - being curious I checked out its valuation.


Just looked up its quarterly with a 6 month forecast.. 


Its expected income was annualised to get a valuation computation. 


Conclusion: Too rich.



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